New Zealand Energy Corp. (CVE:NZ – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.44 and traded as high as C$0.44. New Zealand Energy shares last traded at C$0.44, with a volume of 227,377 shares.
New Zealand Energy Price Performance
The company has a market cap of C$24.02 million, a price-to-earnings ratio of -1.79 and a beta of 4.13. The company has a fifty day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.44. The company has a quick ratio of 0.45, a current ratio of 3.36 and a debt-to-equity ratio of 41.83.
About New Zealand Energy
New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit. It also operates midstream assets. The company was founded in 2010 and is based in New Plymouth, New Zealand.
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